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| Exchange Received Time 03/09/2018 18:16:49 Exchange Disseminated Time 03/09/2018 18:16:53 Time Taken 00:00:04 |
In continuation of our announcement dated May 12, 2017, regarding the signing of Conditional Share and Mandatorily Convertible Bonds Purchase Agreement by the step down subsidiaries of the Company, GMR Infrastructure (Overseas) Limited, and GMR Energy (Netherlands) B.V., for divestment of their entire stake in the 4 Indonesian entities, namely PT Barasentosa Lestari, PT Duta Sarana Internusa, PT Dwikarya Sejati Utama and PT UNSOCO (together, PTBSL Group Entities), to PT Golden Energy Mines Tbk.(PTGEMS), we wish to inform you that upon completion of all the conditions precedent for the transaction, the said PTBSL Group Entities have ceased to be subsidiaries of the Company.
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